| Description |
Formerly known as Sun East Group Limited, the Company was incorporated in
Bermuda on 24 August 2004. It was renamed CEFC International Limited after the
mandatory acquisition of all the issued and paid-up ordinary shares in the
capital of the Company by Singapore Petrol Development Co Pte. Ltd. in 2011 and
following the Shareholders approval in the Special General Meeting held on 10
August 2012.
Pursuant to the Shareholders approval during the Special General Meeting held
on 31 May 2012, the Company has diversified into trading in petroleum and
petrochemical products to generate new revenue streams. The Groups current
business of trading includes the following products:
(a) petrol and other raw materials used for blending gasoline, including but
not limited to mixed aromatics such as methyl tertiary-butyl ether ("MTBE") C5
and MTBE C9;
(b) petrochemicals including and not limited to paraxylene, ethanediol,
styrene; and
(c) fuel oil.
The Group, through its wholly owned subsidiary, Singapore CEFC Petrochemical
and Energy Pte. Ltd. (formerly known as Singapore Petro Pte. Ltd) undertakes
its current business of trading in petroleum and petrochemical products. The
principal activity of the Company is that of investment holding. The immediate
and ultimate holding company is Singapore Petrochemical & Energy Development
Pte. Ltd. (formerly known as Singapore Petrol Development Co. Pte. Ltd), a
company incorporated in Singapore.
Additional info from SGX:
Formerly known as Sun East Group Limited, the Company was incorporated in
Bermuda on 24 August 2004. It was renamed CEFC International Limited after the
mandatory acquisition of all the issued and paid-up ordinary shares in the
capital of the Company by Singapore Petrol Development Co Pte. Ltd. in 2011 and
following the Shareholders approval in the Special General Meeting held on 10
August 2012.
Pursuant to the Shareholders approval during the Special General Meeting held
on 31 May 2012, the Company has diversified into trading in petroleum and
petrochemical products to generate new revenue streams. The Groups current
business of trading includes the following products:
(a) petrol and other raw materials used for blending gasoline, including but
not limited to mixed aromatics such as methyl tertiary-butyl ether ("MTBE") C5
and MTBE C9;
(b) petrochemicals including and not limited to paraxylene, ethanediol,
styrene; and
(c) fuel oil.
The Group, through its wholly owned subsidiary, Singapore CEFC Petrochemical
and Energy Pte. Ltd. (formerly known as Singapore Petro Pte. Ltd) undertakes
its current business of trading in petroleum and petrochemical products. The
principal activity of the Company is that of investment holding. The immediate
and ultimate holding company is Singapore Petrochemical & Energy Development
Pte. Ltd. (formerly known as Singapore Petrol Development Co. Pte. Ltd), a
company incorporated in Singapore.
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